The Hindu Business Line : Tuesday, March 19, 2002

Air Sahara to acquire 12 Bombardiers by Dec
AIR Sahara has firmed up plans to acquire 12 CRJ-200 Bombardier aircraft by December this year at an estimated cost of $40 million. The deployment of these "regional jets" would form part of the airline's hub-and-spoke arrangement at the national ... More

ALH handed over to Coast Guard
THE first commercially produced Advanced Light Helicopter (ALH) from Hindustan Aeronautics Ltd was handed over to the Coast Guard here today. Vice Admiral O.P. Bansal, Director General of Coast Guards, said "We will take the second ALH in May ... More

Online auction of vacant seats
UPPER class rail travellers have a lot to cheer about, courtesy Air Sahara. The domestic airline has decided to introduce an online auction system aimed at filling up vacant seats on its flights. The `yield management system' is aimed at ... More

VPT land transfer for airport expansion cleared
THE Ministry of Shipping has approved the proposal submitted by the Visakhapatnam Port Trust (VPT) for transfer of land to the Andhra Pradesh Government for expansion of runaway at the Visakhapatnam airport under the exchange of land-for-land ... More

SHIPPING

Transporting crude from Persian Gulf -- SCI to hold talks with HPCL, BPCL
THE Union Ministry of Shipping has granted permission to the state-owned Shipping Corporation of India (SCI) to negotiate directly with public sector oil refineries Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd ... More

4 in race to develop Gangavaram port
The State Government's guidelines for greenfield ports include a lease period of 30 years (extendible by two more spells of 10 years each) on build-operate-share-transfer (BOST) or build-operate-maintain-share-transfer basis. More

GENERAL INSURANCE

Motor insurance set to rise sharply
MOTOR insurance companies are set to raise tariffs by at least 100 per cent over what has been prescribed by the Insurance Regulatory and Development Authority (IRDA) for the next financial year. This is being done in a bid to correct some of ... More

SUPPLY CHAIN MANAGEMENT

Coimbatore air-cargo complex gets busy
THE interim air-cargo complex (ACC) set up by the Airport Authority of India (AAI) at the Peelamedu airport here has notched up an impressive haul of international cargo (mostly for exports) in the first three months of operations. Despite the ... More

EVENTS

`Need to promote awareness of satellite-aided rescue system'
WITH the press of a panic button, at least, a hundred lives are almost instantly saved each month worldwide thanks to the satellite-aided search and rescue (SAR) system. In the past 12 years, already, over 13,000 users of these special ... More

ROADWAYS

Clearing the way
Work on widening an 11-km stretch on the East Coast Road, extending from Thiruvanmiyur to near Sholinganallur, has commenced. The job, taken up by the Tamil Nadu Government, will cost Rs 20 crore, which will be drawn from the Central Road Fund. ... More

14 new flyovers for Bangalore city
THE Bangalore Mahanagar Palike (BMP) has promised the city 14 new flyovers, six pedestrian subways and multi-storied parking at commercial complexes in its Budget 2002-03. No new taxes have been levied, but the solid waste management cess and ... More

Ships in Ports

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